HP113 Reflection Grantham University HP113: Healthcare De, Lecture notes of Accounting

Download HP113 Reflection Grantham University HP113: Healthcare De and more Lecture notes Accounting in PDF only on Docsity! HP113 Reflection Grantham University HP113: Healthcare Delivery Systems Entry Level Medical Billing and Coding Medical billing and coding professionals use technology to assist healthcare professionals in updating medical records and obtaining payment for services rendered. Workers in this field assign standard codes to each diagnosis and medical treatment and insert the codes into a patient's medical record. This information is often forwarded to insurance providers so that healthcare claims can be processed correctly. Medical billing and coding professionals operate in a wide range of healthcare settings, including medical offices, clinics, recovery centers, and health departments. Responsibilities include properly coding services, procedures, diagnoses, and treatments. Creating and submitting invoices or reimbursement claims. The medical billing and coding career outlook is promising. According to the BLS, employment is projected to rise at an 8 percent annual pace through 2029, far outpacing the 4 percent average for all occupations. The demand for medical billers and coders will be driven by an aging population. Entry-level jobs in medical billing and coding usually require the completion of a certification or associate's degree program in the field. Students are introduced to widely used classification systems such as ICD-10, CPT, DSM-IV, and HCPCS in these programs. Medical terminology and pathophysiology are taught to students as part of their coursework. They are knowledgeable about medical insurance and the numerous public and private providers. Medical coders must be